Agriculture/Commodities Archive > Page 2

Beef Prices Hitting New Highs at Retail and Restaurants

Domestic beef prices continue to reach new highs. Retail beef prices hit another record high in August, with the Bureau of Labor Statistics reporting a price of $8.31 per lb., according to Wells Fargo analysis …

Drought Sending Pasta Prices Soaring

Pasta, that quick, go-to meal for hungry and cash-strapped college students and busy parents, is no longer the inexpensive choice it once was, with prices for noodles up 8% in the U.S. and 12% in …

Will the Government’s New Farm Relief Bill Function?

In the past, the sheer bureaucracy of requesting emergency relief has led to several administrative changes, causing delays, confusion, and more than a little fiscal frustration for those providing many of the common produce staples in grocery and retail.

The High-Tech Future of Food Production

The world is getting hotter, impacting every aspect of food production. Animals are overheating. Extreme temperatures are scorching crops. Does the future of food depend on high-tech solutions? How sows and cows stay cool Livestock …

What’s Up with Watermelon? Prices, for Starters

While food inflation seems to be cooling in the aggregate, watermelon prices remain red hot. That’s according to Mintec, a market intelligence company, which recently reported prices had surged 49% in mid-July when compared to …

Sugarflation Frustration

The term “sugarflation” could soon become part of the global lexicon. Everything from candy and soft drinks to baked goods are likely to become more expensive in the second half of 2023 – sugar prices …

Analyzing the Dairy Industry’s Imbalance Issue

Demand for fluid milk continues to drop, forcing dairy farmers to dump milk, some of it winding up in the Milwaukee sewer system. Food Processing recently reported truckloads of milk were dumped into the Milwaukee …

EVs Can Galvanize Farming and Agriculture

Today’s smart vehicles and robotics can do everything from operate autonomous implements in the field to monitor crucial silo volume and quality data, make precision adjustments to spraying and irrigation, and even assess crop and animal health. And that’s just scratching the surface.

Experts: El Nino (and Food Industry Upheaval) is Coming

Everyone knows “El Nino” by now – hot weather. Big winds. And once again in 2023, much of the world will gain a better grasp of this unpredictable meteorological phenomenon. El Nino generally refers to …

Analysis: Why Coffee Remains Inflation-proof

Inflation is causing consumers to rethink spending in numerous ways. Coffee, however, is one category that remains untouchable. Coffee, after all, is an affordable luxury. “Despite cutting down on dining out or travel, you can …

Meat Producers Look For A Bottom — And For Answers

The cycle has turned against meat producers with a perhaps unprecedented vengeance. In response, investors and industry participants face two key questions. First, when does the cycle turn? More importantly, what can meat producers do …

Beef Prices Expected to Stay High

A quick trip to the grocery store’s meat aisle confirms beef prices are at record highs as packers scramble to find higher grade cattle.

Shrimp: The New Seafood Value Proposition

When it comes to seafood, shrimp is, well, no shrimp. While other seafood prices have been on the upswing since the pandemic era, shrimp prices have remained affordable and stable, providing value opportunities for savvy …

The State of Wagyu in America

Wagyu often tops restaurateurs’ dinner menus as the cut de la creme, the luxurious and bougie beef, the apex protein for the apex predator armed with a sharp knife, a crisp vegetable, and an appetite for the sublime.

Analysts: Global Rice Shortage Likely to Last for Months

The ramifications of weather and war have resulted in a global rice shortage, which could be among the worst in nearly a quarter century. Rice production for 2023 appears destined for a severe shortfall. “The …

Free-Range Eggs to Return Soon

Free-range eggs returned to store shelves in the U.K., a sign that the bird flu outbreak has abated enough for the government to reduce the risk level to medium.

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Column: Meat Producers Will Bounce Back – Eventually

If anyone needed a reminder that meat producers are cyclical businesses, fourth quarter results provided it. Across the space, profits deteriorated at a shocking pace. For Brazil’s JBS SA, the world’s largest food company by …

Major Cultivated Meat Innovation Unveiled

The cultivated meat category may have just become considerably more viable. Consider: Foodtech innovator Ever After Foods has launched a bioreactor platform that it said increases the pace of production 700% compared with other cultivated …

Weakened Chicken Demand Pummels Tyson

Tyson Foods’ first quarter earnings missed Wall Street estimates as improved beef and pork supplies weakened demand for chicken, the company said. And chief financial officer John R. Tyson said the next quarter also will …

Breakfast Costs Continue to Climb

Americans may have to start rethinking breakfast as eggs flirt with $5 a dozen and with orange juice prices set to jump because of a poor Florida citrus crop and low cold storage stocks. “Even …

Chicken or the Egg? HPAI’s Impact on Pricing

On the surface, the appearance of highly pathogenic avian influenza (HPAI) in 2022 should have pushed prices up for both chicken and eggs at an equal level. But anyone keeping an eye on supermarket shelves …

Shortages of Potatoes, Onions Send Industry Scrambling

Bad potato and onion crops, coupled with cost and availability issues, may have consumers hearing, “You want zucchini sticks with that burger?” Portillo’s CEO Michael Osanloo said supplies of onion rings and French fries have …